Figment, OpenTrade, and Crypto.com have introduced a stablecoin yield product that offers a 15% return specifically designed for institutional investors. This new offering aims to attract institutions looking for stable and high-yield investment opportunities in the cryptocurrency market. By leveraging the strengths of each partner, the product seeks to provide a secure and efficient way for institutions to earn returns on their stablecoin holdings. The collaboration highlights the growing trend of institutional interest in cryptocurrency and the need for tailored financial products that meet their investment criteria. Institutions can now access this yield product, which promises competitive returns while maintaining the stability associated with stablecoins.
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